Vsim, a Manchester, UK-based robotics simulation startup, raised $21.5M in seed funding.
The round was led by EQT Ventures with participation from Factorial Fund, Samsung Next, Tru Arrow, Xora (owned by Temasek), IQ Capital, Koro Capital, Concept Ventures, Lakestar Scout Fund, and Concept Venture Partner Carles Reina. This follows a pre-seed fundraise led by Concept Ventures in late 2023.
The company intends to use the funds to grow the team and accelerate its pursuit of building a full-stack solution tailored to robotics.
Co-founded in 2022 and led by Michelle Lu, CEO, and Kier Storey, CTO, Vsim develops an OS for Robotic simulation and training. The company has built an architecture and a set of algorithms that enable companies in robotics, AI, Visual FX, research, and the industrial metaverse to fast-track a wide range of cross-disciplinary, high-quality physics simulations.
FinSMEs
01/10/2024